908 E Deyoung St - Bank FOR SALE


Marion, IL 62959
$1,195,000 USD
314-746-1467
908 E Deyoung St, Marion, IL for Sale
$1,195,000 USD
Bank - FOR SALE
1/3
null | 10.9% Cap Rate

908 E Deyoung St
Marion, IL 62959


OVERVIEW

Available for acquisition is a 2,040 SF single-tenant, absolute NNN bank branch situated in a prime location in Marion, IL. This investment offers long-term income stability, backed by a $2 billion financial institution with a strong operational presence—over $100 million in deposits are held at this specific branch. The property features three drive-thru bays and an on-site ATM, ensuring customer convenience and high service throughput. A long-term lease is currently in place, with renewal options extending through October 2059, providing extended investment security. With a cap rate of 10.9%, this asset presents a compelling opportunity for investors seeking reliable, passive income supported by a well-capitalized tenant. Offered at a sale price of $1,195,000. For further details or to request financials, please contact the listing broker.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$586 USD /SF

CAP RATE

10.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

07-18-208-014

ASK ABOUT THIS PROPERTY

Andrew BagyGershman Commercial Real EstateMore Info
314-746-1467

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Andrew BagyGershman Commercial Real EstateMore Info
314-746-1467

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.